MIDF Research maintains Positive on semiconductor sector

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KUALA LUMPUR (April 23): MIDF Research has maintained its “Positive” stance on the semiconductor sector and said semiconductor players are more cost-conscious leading to a more competitive product pricing.

In a note today, the research house said the middle class segment is the largest consumer of communication devices

“The integrated circuit industry is highly correlated with the growth in global GDP.

“Reiterate Positive on the semiconductor sector,” it said.